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    Chief Financial Officer - Chicago, United States - Careerblazersnonprofitsearch

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    Description
    Chief Financial Officer
    Chicago, IL
    Hybrid – 3 days on-site
    Position Overview

    Be a part of a nonprofit organization dedicated to improving the earning potential of the local community through innovative employment initiatives that lead to economic advancement and an improved quality of life for residents.

    As the Chief Financial Officer, you will be responsible for managing the financial operations of the organization and its social enterprise subsidiaries, ensuring the organization's financial health and sustainability while overseeing a team of finance and HR professionals.

    Responsibilities
    Develop and implement financial strategies that support the organization's mission and goals
    Manage and oversee all financial operations
    Implement and update all accounting and financial policies and procedures to be compliant with relevant standards
    Establish and monitor all reporting activities and highlight variances for the organization
    Oversee the daily financial functions
    Regularly prepare and present monthly financial reports and provide analysis and recommendations
    Ensure compliance with all financial reporting requirements
    Manage relationships with external partners
    Develop and maintain systems of internal controls and risk management procedures to safeguard financial assets of the organization
    Manage the annual external audit by independent auditors
    Regularly review and revise the Accounting and Financial Management Handbook
    Manage the annual process of reviewing and renewing the various business insurance policies
    Prepare the annual budget planning and coordination with key managers and other stakeholders
    Develop and monitor the organization's Cost Allocation Plan and Indirect Cost Allocation Plan
    Establish sound forecasting assumptions and evaluate strategy implemented to achieve forecasts
    Direct the HR Manager in the design and implementation of wage incentives, commissions, bonus' and salaries for staff
    Monitor actual performance against budget and provide regular updates and analysis
    Develop and maintain financial forecasting models that support long-term financial planning and decision-making
    Develop and present concise financial reports to effectively communicate the financial condition and internal control status
    Develop and implement financial policies and procedures that align with the organization's values and strategic goals
    Represent the organization at internal and external events and meetings, providing financial guidance and support
    Develop HR strategies aligned with the organization's financial goals
    Monitors HR Operations and financial oversight to external providers
    Provide oversight to the annual group insurance open enrollment process to ensure competitive and cost-effective benefits packages
    Ensure a comprehensive and streamlined process for recruitment, onboarding, performance evaluation, compensation review, disciplinary procedures, and staffing transitions
    Develop and implement appropriate systems of internal control over payroll processing
    Qualifications
    Certified Public Accountant certification required
    5+ years of senior financial management experience in the non-profit or governmental sectors of at least $5M in annual revenues
    Proven work experience as a CFO, preferably within a nonprofit organization or governmental agency
    Proven leadership capability with the ability to manage and develop positive morale by recognizing and capitalizing on their staff's skills at all levels
    Experience working with external auditors and compliance requirements
    Previous experience leading HR processes or team
    Extensive practical knowledge of accounting, financial reporting, planning, and analysis within the not-for-profit or governmental sector
    Demonstrated comprehension of analyzing financial reports and recommending actions for improvements
    Display the utmost level of integrity
    Results oriented
    Ability to work independently and meet deadlines in a fast-paced environment
    Excellent attention to detail, strong analytical skills, and time management
    An effective communicator, with strong oral and written skills
    Remain up to date on current accounting and financial developments, regulations, and laws effecting the industry
    Demonstrated critical thinking, strategic planning, and problem-solving abilities
    Deep familiarity/expertise with multiple funding sources
    Compensation

    Salary:
    $150,000 - $160,000

    Medical, Dental, Vision
    Paid Vacation
    401k Match

    #J-18808-Ljbffr


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